Please answer all the questions, thanks!

Q1 . [4% of test] On the line in front of each statement, enter the letter corresponding to the term that best fits that statement. Term A: Planning. Term B: Directing a. preparing master budgets c. Term C: Controlling b. comparing responsibility reports to budgets determining where to open a new store overseeing the day-to-day operations [3% of test]. Which of the following companies below would be more likely to use ajob costing D) None of these. d. system? Q2. Indicate whether each of the followings is a product cost or a period cost. Assume a manufacturer. A) C) A) law firm B) oil refinery C) soft drink bottler depreciation expense in sales stores B) salary of plant manager factory utilities D) indirect materials used in factory [10% of test] 04: 5% of test! Here is some basic data for Company A during the period X: Materials requisitioned $43,000 Materials purchased (on account) $75,000 A) Make the journal entry to record only the direct materials requisition. Q. [ 18% of test] Company B uses NORMAL costing, applying manufacturing overhead based on direct labor cost. The company's data that was estimated before, and incurred during period X: manufacturing overhead $240,000 Estimated/ Expected direct labor $300,000 310,000 Total actual manufacturing overhead $250,000 Actual direct labor cost A) What is the predetermined manufacturing overhead rate? B) Prepare the journal entry to allocate [i.e., apply] overhead costs